Laura Jewett

Laura Jewett

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Closed

$395,000

($89,168 down)
FHA

8594 W LUFKIN Drive, Pine, AZ 85544

3
2
1,080 sqft
PITI Monthly
$2,455.16 /mo

Listing courtesy of: Jill Alberts, Coldwell Banker Bishop Realty

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,929 /mo
$2,096 /mo

What's Special

REMODELED
MODERN
CHARMING
RENTAL INCOME

This beautifully updated home features elegant new wood flooring and a completely remodeled kitchen and bathroom, offering both modern design and functionality. The property is further enhanced with a durable metal roof and new furnace, ensuring comfort and efficiency. Additionally, it includes a charming 249 sq ft house with a 3/4 bath, perfect for visitors or potential rental income. Heating is needed to complete the guest house, but it already offers a great space to extend living or hosting a guest.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,455.16/mo
Estimated Loan Balance
$306,143
Cash to close
$89,168
Interest Paid
$35,706

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Metal
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic in & Cnctd
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Other (See Remarks)
Materials
  • Siding, Frame - Wood
  • Roof: Metal
Condition
  • Year Built: 1972
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: RIM WOODS
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Pine

Financial Details

  • Price per Sqft: $365.74
  • Tax Annual Amount: $1876
  • On Market Date: 2024-09-01T20:20:02.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $89,168 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $89,168!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$305,832
Your Cash$89,168
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,929/mo
Traditional @ 7.5%
$2,174/mo
You save $245/month ($2,942/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6751466

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-29T08:08:05.000Z

© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,929 /mo
$2,096 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $89,168 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $89,168!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$305,832
Your Cash$89,168
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,929/mo
Traditional @ 7.5%
$2,174/mo
You save $245/month ($2,942/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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